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Jun 25, 2020· Deal to sell cement biz to Nirma has not fallen, says Emami 14 May, 2020, PM IST. On February 6, the Emami group said that to enter into an agreement with Nuvoco Vistas Corporation, part of Nirma Group, to sell 100 per cent equity in Emami Cement Ltd at an enterprise valuation of Rs 5,500 crore.